Software/Game tested: Metal Gear Solid Peace Walker
Game version(US/JP/EU/WWE): US
File format(ISO/CSO/EBOOT): ISO
Version: Pre v0.8 (v0.7-243)
OS: Android
Compatibility level(nothing/intro/menus/ingame/playable): menus
Other info: The game mandates data installation, however, the game says, "Failed to install data. The Memory Stick may be corrupted." It can't go further any further because of that...

Since this game doesn't have a proper log yet, here's an updated compatibility report:
Software/Game tested: Metal Gear Solid Peace Walker
Game version(US/JP/EU/WWE): US
File format(ISO/CSO/EBOOT): ISO
Version: 0.7-443 (x64 build)
OS: Windows 7 x64
Compatibility level(nothing/intro/menus/ingame/playable): Menus
Other info: Data install(required) results in: "Failed to install data. The Memory Stick may be corrupted." It seems to not have a current directory, thus ending up trying to write to the ISO/UMD(am I interpreting this log right?), which it can't do: